Should corporates have a startup garage?

At idealabs we believe that there's a new innovation era coming, where big corporations and startups blend. We dive into the corporate innovation boom, showing you some examples of big corporations working together with startups.

Published in: Business, Technology

Should corporates have a startup garage? from Idealabs

Transcript

• 1. Hi we are idealabs!We are an entrepreneurialHUB located in the center ofAntwerp. We promoteentrepreneurship by insipiring,educating and engaging. Weaccelerate startups and helpthem grow. Creatingentrepreneurs!
• 2. All sorts ofEntrepreneursStartup FoundersInterpreneursIntrapreneursThoseintrapreneursseem to be hot!
• 3. Contents of this presentationIs there a corporate innovation boom?We believe that there’s a new innovationera coming for big companies, with a newset of rulesExample of a intrapreneurialbootcamp within a big corporationExamples of new innovation efforts ofcorporates
• 4. “The popular perception is thatmost corporations are just toobig and deliberate to producegame-changing inventions”
• 5. ‣ The focus of an establishedfirm is to execute an existingbusiness model.‣ Discovering a new businessmodel is inherently risky.‣ People who are best suited tosearch for new businessmodels usually are not thesame managers who succeedat running existing businessunitsBig Companies can’tinnovateNew innovation Era?
• 6. Positive Trends for BigCorporations‣ Increasing ease anddecreasing cost of innovation‣ Companies are embracingopen innovation‣ Companies are integratingentrepreneurial behaviors‣ Creating business modelsthat tap big companiesunique strengthsNew innovation Era!